ESG and Commitments

We are committed to delivering sustainable shareholder returns. For us this means operating with integrity and growing responsibly. Critical to this is our ESG performance.

Given the nature of our industry, our direct ESG risk exposure is limited. However, we recognise that we are indirectly exposed to ESG risks through the assets in which we invest. As we continue to grow, it will be important that we assess not only the quality of the assets but also our operating partners carefully prior to making investment decisions in order to manage our indirect ESG risk exposure.

In the coming years we will continue to evolve our approach to sustainability that reflects our values. Our focus will be on our material issues and working towards achieving the targets laid out on our sustainability roadmap in order to deliver meaningful results for our business, shareholders and stakeholders. We will continue to report annually on our sustainability progress and performance.

ESG Risk Exposures and Opportunities

Deterra will seek to establish consistent criteria for assessing ESG risk exposures and opportunities.

In making new or further investments, we will:

• seek to understand, and take into account, ESG risks and opportunities when evaluating the investment opportunity;
• where appropriate, endeavour to negotiate appropriate contractual protections with a view to seeking sufficient disclosure and transparency regarding Operators’ mining projects to facilitate the Company’s assessment of ESG risk management and performance on an ongoing basis; and
• continue to monitor Operators’ ESG performance

Assessment criteria will facilitate consistent and thorough due diligence of investment opportunities in support of the ESG investment principles.